Bouteflika & Moubarak

Egypt rejects reports about seeking $15b loan from IMF

Egypt’s Finance Minister Mohamed Maait has denied reports that the Arab Republic is seeking a $15 billion-loan from the International Monetary Fund (IMF) to shore up its finances. Goldman Sachs Group Inc. in a July report indicated that Egypt may need to secure $15 billion from the IMF to meet its funding requirements over the […]

Morocco to develop agtech farming with Jungnong group’s support

Morocco is busy working to modernize its agricultural sector and advance sustainable agriculture with the support of Hong Kong-based Jungnong Group, a subsidiary of China’s Agricultural Development Group. Moroccan ministry of Agriculture and the Jungnong have agreed lately to set up $22 million joint venture focusing on high-tech and water-efficient farming systems adapted to climate […]

Morocco could open embassy in Tel Aviv had Israel recognized its sovereignty over Sahara- US media

Morocco plans to upgrade its liaison office in Tel Aviv into an embassy if Israel recognizes its sovereignty over the Sahara, US media Axios said citing unnamed Israeli diplomats. Morocco restored its diplomatic ties with Israel in late 2020 as part of a deal that included US recognition of Morocco’s sovereignty over the Sahara region. […]